To whom this may concern, as I have done banking with mutual savings for quite some time. I had the pleasure of using one of the banks many resources. I was helped by Steven Tarchala with Health Insurance needs and obtaining a policy at my affordability. It has been three months now and I have used the insurance numerous times. I just wanted to let someone know what a wonderful outstanding job this young man sis. I believe he is a valuable asset to the bank. This young man I believe went above and beyond to help me with my needs. I have personally thanked Steven but I would like the people who need to know at the bank that this man is outstanding.

Mike Byrns Leavenworth, KS

Kidnapping Insurance

In some areas of the world, being kidnapped and held for ransom is a possibility. While kidnapping rarely happens in the United States, it is not unheard of. In parts of the world where terrorist groups operate, however, kidnapping happens more often. If you travel around the world to dangerous areas, consider kidnapping insurance for peace of mind.

In addition to being a problem in areas where terrorists operate, kidnapping also occurs in areas where law enforcement is unreliable. A New York Times story noted a 300 percent increase in kidnapping in Mexico since 2005, as well as large increases in kidnapping in Pakistan and Venezuela.

Members of high-profile families and representatives of companies are often targets. Sometimes kidnappers target companies as well as individuals.

Features of Kidnapping Insurance Policies

Companies providing this insurance usually have a security company that offers more than just money if you are kidnapped. They will help negotiate the release of the kidnapped person and provide extra security for family members. In the event of a kidnapping, family members who are being asked to pay a ransom are also in danger and need extra security.

Insurance companies do not provide the ransom money. Typically the ransom is paid by the family and may be recovered, through a claim, from the insurance company later. Kidnapping insurance does cover any associated expenses and losses incurred and includes a life insurance policy as well. The insurance provider may also offer training on how to avoid becoming a kidnapping victim.

People who travel on business, as well as people who are from wealthy families, are the people most likely to be kidnapped and to need kidnapping insurance. Criminals feel kidnapping is an easy way to get money quickly, and it does work at times. Being insured will assure you that a security team is available to help win your release.

If you are planning to travel to a dangerous area, call our office to discuss the insurance options you have. Financial Strategies, Inc. professionals can guide you as you consider kidnapping insurance for yourself or a family member.